Mr. Cooper Group Inc. (NASDAQ:COOP) went down by -6.46% from its latest closing price compared to the recent 1-year high of $37.90. The company’s stock price has collected -5.69% of loss in the last five trading sessions. Press Release reported on 04/02/21 that SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of Mr. Cooper Group Inc. (COOP)
Is It Worth Investing in Mr. Cooper Group Inc. (NASDAQ :COOP) Right Now?
Mr. Cooper Group Inc. (NASDAQ:COOP) scored a price-to-earnings ratio above its average ratio, recording 10.47 x from its present earnings ratio. Plus, the 36-month beta value for COOP is at 1.69. Opinions of the stock are interesting as 5 analysts out of 7 who provided ratings for Mr. Cooper Group Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $40.86, which is $8.7 above the current price. COOP currently public float of 73.26M and currently shorts hold a 6.66% ratio of that float. Today, the average trading volume of COOP was 943.92K shares.
COOP’s Market Performance
COOP stocks went down by -5.69% for the week, with a monthly drop of -3.09% and a quarterly performance of 6.78%, while its annual performance rate touched 497.04%. The volatility ratio for the week stands at 3.87% while the volatility levels for the past 30 days are set at 4.81% for Mr. Cooper Group Inc.. The simple moving average for the period of the last 20 days is -7.83% for COOP stocks with a simple moving average of 33.12% for the last 200 days.
Analysts’ Opinion of COOP
Many brokerage firms have already submitted their reports for COOP stocks, with Keefe Bruyette repeating the rating for COOP by listing it as a “Mkt Perform.” The predicted price for COOP in the upcoming period, according to Keefe Bruyette is $38 based on the research report published on April 06th of the current year 2021.
Jefferies, on the other hand, stated in their research note that they expect to see COOP reach a price target of $30. The rating they have provided for COOP stocks is “Hold” according to the report published on December 14th, 2020.
COOP Trading at 0.26% from the 50-Day Moving Average
After a stumble in the market that brought COOP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.79% of loss for the given period.
Volatility was left at 4.81%, however, over the last 30 days, the volatility rate increased by 3.87%, as shares sank -2.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.03% upper at present.
During the last 5 trading sessions, COOP fell by -5.69%, which changed the moving average for the period of 200-days by +144.51% in comparison to the 20-day moving average, which settled at $35.00. In addition, Mr. Cooper Group Inc. saw 4.09% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at COOP starting from KKR Wand Investors Corp, who sale 3,700,000 shares at the price of $32.25 back on Mar 26. After this action, KKR Wand Investors Corp now owns 1,324,056 shares of Mr. Cooper Group Inc., valued at $119,325,000 using the latest closing price.
Ebers Anthony L, the EVP & CHIEF OPERATING OFFICER of Mr. Cooper Group Inc., sale 84,000 shares at $36.93 during a trade that took place back on Mar 15, which means that Ebers Anthony L is holding 535,273 shares at $3,101,868 based on the most recent closing price.
Stock Fundamentals for COOP
Current profitability levels for the company are sitting at:
- +39.78 for the present operating margin
The net margin for Mr. Cooper Group Inc. stands at +12.32. The total capital return value is set at 5.20, while invested capital returns managed to touch 2.73. Equity return is now at value 13.20, with 1.50 for asset returns.
Based on Mr. Cooper Group Inc. (COOP), the company’s capital structure generated 775.87 points at debt to equity in total, while total debt to capital is 88.58. Total debt to assets is 80.36, with long-term debt to equity ratio resting at 359.21. Finally, the long-term debt to capital ratio is 41.01.
When we switch over and look at the enterprise to sales, we see a ratio of 8.75, with the company’s debt to enterprise value settled at 0.91. The receivables turnover for the company is 0.36 and the total asset turnover is 0.12.